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Home >> Gov't Regulation
How Geely sought to acquire FCA
Luca Ciferri | 2018/3/6

The absence of Geely's Li Shufu from the world's biggest auto forums, such as this week's Geneva show, belies his ambitions. A trip by the Chinese billionaire to Italy last May could have resulted in a dramatically reshaped global auto industry.

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  Germany may tighten rules after Geely takes Daimler stake
Reuters | 2018/3/2

Germany will investigate whether to tighten rules governing when an investor needs to disclose a holding in a company after news that China's Geely bought a $9 billion stake in Daimler surprised the market.  The move by Geely has rekindled fears in Germany of its industrial expertise falling into Chinese hands.
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  EV makers responsible for recycling batteries, Beijing says
Reuters | 2018/2/27

China will make manufacturers of electric vehicles responsible for setting up centers to collect and recycle batteries as part of ongoing efforts to tackle mounting waste in the sector, according to new rules published Monday.  China, which began promoting EVs in 2009, wants to become a dominant global producer as it tries to curb vehicle emissions, boost energy security and promote high-tech industries.
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  Geely chief builds $9 billion stake in Daimler
Bloomberg | 2018/2/24

Li Shufu, the chairman and main owner of Chinese carmaker Geely, has amassed a stake of 9.69 percent in Daimler AG, the German company said in a regulatory filing Friday. The stake, worth nearly $9 billion at the current market price for Daimler shares, makes Li the biggest single shareholder in the maker of Mercedes Benz cars, trucks and vans.
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  China looks to retain EV subsidies, report says
Reuters | 2018/2/13

The Chinese government is leaning toward retaining local subsidies for electric vehicles after eliminating a proposal to scrap the funding, Bloomberg reported Monday.  The newly amended policy is said to be in the final stages of discussions to help sustain rising demand for so-called new-energy vehicles in China. 
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EV, plug-in hybrid market surge to roll on in 2018
Reuters | 2018/1/12

BEIJING -- Sales of electric vehicles, plug-in hybrids and other new-energy cars and light trucks in China are expected to see sales growth of around 40 percent, and exceed 1 million units, in 2018, an industry association predicts.

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  China punishes carmakers that miss fuel economy targets
Reuters | 2018/1/5

China will suspend production of 553 passenger vehicle models that failed to meet the government¡¯s fuel consumption standards, state news agency Xinhua said.  The suspension was to take effect Jan. 1, Xinhua said, citing the China Vehicle Technology Service Center.
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  China will extend tax rebate to spur EV sales
Bloomberg | 2017/12/5

China plans to extend a tax rebate on the purchase of electric vehicles, according to people with direct knowledge of the matter.  China¡¯s government will continue to exempt the 10 percent purchase tax on EVs at least through 2020, the sources said. The current tax rebate policy is due to expire at the end of this year. 
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  China may issue more EV permits to expand output
Bloomberg | 2017/11/17

China¡¯s government is considering a resumption of new permits to companies that want to produce electric vehicles as early as the first half of 2018, sources said.  The move would clear the way for Ford Motor Co., Tesla Inc. and some local Chinese manufacturers to start production.
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  China eases consumer loan rules for EV purchases
Reuters | 2017/11/10

China's central bank on Wednesday eased limits on consumer loans for buyers of electric vehicles, allowing consumers to finance up to 85 percent of the purchase cost.  By contrast, consumers who buy conventional fossil-fuel vehicles can obtain loans to cover up to 80 percent of the vehicle¡¯s price.
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U.S. tariffs may negate gains Trump secured for foreign automakers in China

Nissan names ex-U.S. chief to lead China expansion

Great Wall sales stall on weak Haval crossover, SUV demand

Mercedes grabs early luxe lead, outsells Audi, BMW

EV, plug-in hybrid deliveries remain hot despite holiday

VW will roll out new Chinese SUV globally

China's GSR Capital to invest in Swedish EV maker, open new battery plant

WM Motor, shrugging off trade tensions, open to U.S. IPO

Panasonic opens battery plant in Dalian to supply electrified vehicles

Light-vehicle sales fall as New Year holiday dents demand

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